Find the standard deviation of this sample: 4, 7, 9, 12, 15

Novak Express reports the following costs and expenses in June 2017 for its delivery service. Indirect materials $7,000 Drivers’

Natasha2012 [34]

Answer and Explanation:

The computation is shown below:

a. For delivery service product cost

Indirect materials $7,000

Depreciation on delivery equipment $12,000

Dispatcher's salary $5,400

Gas and oil for delivery trucks $2,900

Drivers' salaries $16,900

Delivery equipment repairs $450

Total $44,650

The product cost includes direct material, direct labor and factory overhead cost which are used to make the product

b) Period costs:

Property taxes on office building $930

CEO's salary $12,500

Advertising $5,100

Office utilities $11,050

Repairs on office equipment $270

Total $29,850

The period cost includes majorly part of the selling and admin expense and it also recorded those expenses which are incurred according to the passage of time

7 0

3 years ago

Suppose in its income statement for the year ended June 30, 2017, The Clorox Company reported the following condensed data (doll

Leviafan [203]

The answer & explanation for this question is given in the attachment below.

5 0

3 years ago

If the coupon rate on a bond is higher than the yield to maturity, Multiple Choice the bond sells at a discount. the coupon rate

Law Incorporation [45]

Answer:

the current yield on the bond is lower now than when the bond was originally issued.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A yield to maturity can be defined as the bond's total rate of return required by the secondary market while the coupon rate is defined as the annual interest of a bond divided by its face value.

Hence, if the coupon rate on a bond is higher than the yield to maturity, the current yield on the bond is lower now than when the bond was originally issued.

7 0

3 years ago

According to the price equation, the actual price is the list price less blank______, plus extra fees.

Blizzard [7]

Answer:

incentives and allowances

Explanation:

According to the price equation, the actual price is the list price less blank incentives and allowances, plus extra fees.

8 0

2 years ago

In its first month of operation, Tamarisk, Inc. purchased 230 units of inventory for $8, then 330 units for $9, and finally 270

aivan3 [116]

Answer:

Phantom profit= $500

Explanation:

Giving the following information:

Purchased: 230 units for $8

Purchased: 330 units for $9

Purchased: 270 units for $10.

At the end of the month, 310 units remained.

The method with the highest ending inventory will result in the lowest cost of goods sold.

First, we need to calculate the ending inventory under FIFO method.

FIFO (first-in, first-out):

Ending inventory= 270*10 + 40*9= $3,060

Now, we calculate the ending inventory under the LIFO method and compare it with FIFO.

LIFO (last-in, first-out)

Ending inventory= 230*8 + 80*9= $2,560

Phantom profit= 3,060 - 2,560= $500

8 0

4 years ago